For Sale

$769,000

202 BREITHAUPT Street , Kitchener, Ontario N2H5H4

4 Beds 4 Baths

Remarks

An exceptional investment asset with high-yielding revenue streams in the heart of Kitchener’s thriving tech and innovation hub. Strategically positioned on a massive 0.24-acre lot with EMP-1 Employment Zoning, this highly versatile property features a multi-unit residential building plus a rare, substantial concrete block detached garage compound. The primary building consists of four tenanted one-bedroom units plus an additional bonus studio space offering immense value-add potential, all serviced by robust radiant heating. Completely independent from the residential leases, the four garage bays operate as distinct, cash-flowing storage rental units equipped with their own separate hydro meters. The property also features a massive asphalt driveway accommodating eleven off-street parking spaces. Located just steps from major transit lines, commuter rail links, tech employers, highway access, and downtown amenities, this recession-proof portfolio addition appeals equally to commercial owner-operators, traditional multi-residential investors, and premium value-add buyers looking to secure a dominant footprint in a premier location. (id:27)

Property Summary

  • Lot Frontage: 67 Feet
  • Lot Depth: 158 Feet
  • Lot Size: 0.242 Acres
  • No. of Parking Spaces: 15
  • Floor Space (approx): 2788 Square Feet
  • Built in: 1985
  • Bedrooms: 4
  • Bathrooms (Total): 4
  • Zoning: EMP-1

Property Features:

  • Amenities Nearby:
    Park , Playground , Public Transit , Schools , Shopping
  • Equipment Type:
    Water Heater
  • Ownership Type:
    Freehold
  • Parking Type:
    Detached garage , Open
  • Property Type:
    Multi-family
  • Rental Equipment Type:
    Water Heater
  • Sewer:
    Municipal sewage system

Building Features:

  • Basement Development:
    Unfinished
  • Basement Type:
    Full
  • Building Type:
    Fourplex
  • Cooling Type:
    None
  • Exterior Finish:
    Other
Lifestyle
Neighbourhood Info
Jen Lema

Jen Lema

Salesperson/REALTOR®

Phone:  519.578.7300

Mobile:  647.200.8677

Fax:  519.742.9904

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Royal LePage Wolle Realty, Brokerage (Independently owned and operated)

71 Weber STREET EAST
Kitchener,  ON N2H1C6

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